Penny Stocks Price Target Tool

Use this tool to see how much net income a company would need to bring in to meet your price target. This is a great way to test how realistic a price target is. The method behind this valuation tactic is explained in this post.

Instructions

  1. Enter your target price for any stock
  2. Go to the OTC Markets website to get the number of outstanding shares. (Under the “Company Profile” tab. Make sure it is up to date)
  3. Go to Yahoo Finance to get the industry average P/E